Global Business Challenge (GBC)

Up to $100,000 in prizes is available to develop solutions to global problems.

Overview

The Global Business Challenge (GBC) is a graduate business case competition to develop solutions to improve the effectiveness and cost of health care outcomes for isolated communities.

The challenge has two rounds:

Round 1 (Virtual elimination round)

Teams will pitch their ”conceptual business solution” comprising a combination of new technologies and innovative business models.
Teams will not be provided with briefing material on the challenge until they have registered. It is strongly recommended that teams register and start as early as possible in formating their proposed concept.

Round 2 (Finals)

Seven finalist teams will be selected to come to an intensive two day lock-in phase where they will be required to develop a business case for a specified hypothetical project opportunity.

Background

The Global Business Challenge (GBC) is being conducted as a partnership between Queensland University of Technology, The University of Queensland and Griffith University and with the support of government and industry.

The 2016GBC is hosted at, and managed by, the Queensland University of Technology (The Organisers), with the assistance of an Advisory Board, Technical Advisors, executive judges from industry and government as well as our many student volunteers.

As the first and largest competition of its type in the world and its partners have committed to host the event for an initial seven year period. This will see the GBC has become the new benchmark in Graduate Case Competitions with a focus on delivering implementable and practical solutions to the world’s biggest challenges. For the initial three years the GBC will be hosted at the Queensland University of Technology with each subsequent two year period being hosted by one of the other university partners.

Global Business Challenge (GBC) Prizes:

1st Prize: $100,000
2nd Prize: $15,000
3rd Prize: $10,000

In addition to the main GBC cash prizes, the ”Queensland Health Prize” is a dedicated contribution of $200,000 ($100,000 cash and $100,000 in-kind support) to support the progression of a finalists solution into a real-world pilot within Queensland Health. Where the prize winner is a main GBC prize winner, it is expected that this prize will be also substantially contributed towards the pilot phase.

Eligibility

Eligible applicants include teams of postgraduate students from both business and technical disciplines.

Participating students within a team must meet the enrolment criteria being either:

Currently enrolled in an eligible program of study.
Have been enrolled in an eligible program of study during 2015.

Eligible program is any business or technical discipline based postgraduate program of study (such as MBA, Masters Degrees or other relevant post-graduate degree programs in business or technical disciplines).

Team membership shall comprise a minimum of two student members and a maximum of four student members plus a nominated alternate member in the event of illness of one of the core team members.

Eligible activities include those that:

Identify real potential implementable solutions to a global business challenge.
Provide a learning experience for the students that will encourage healthy competition, professionalism and interaction by our future business leaders, both amongst themselves and with the business community.

Timing

Registration closes 30 June 2016.

More Information

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